News About Neo Bank

A nebank for SMEs partnered with ICICI Bank!

Enalo

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Tide (neobank targetting SMEs) is launching in India. Here is the news article on the same.

Revolut is also launching in India.

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Dvara Money is targetting " The Urban Low-Income Household". More about their merger with CabDost here:

Klear Money is, as is evident from their current website, it is rather an aggregator cum money manager with some of the other neobank features without a savings/current account product of their own.

Latest addition is by Sheroes (launching neo bank for women):

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Yodaa - The smart money app for teens This Neobank is for Teens!

How Financial Independence needs to be taught in early!

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https://unicas.co.in/
A crypto financial institution on top of a co-operative society license!

Seems an interesting proposition that has entered India. Would be interested to know if Crypto holders would want to use it?

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Do we call it a neo-bank or not?
https://www.raiseholding.co/

Modelled after the likes of SoFi, a financial institution working across

  • financing
  • insurance
  • investing
  • payments
  • wealth
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Has anyone used any of the neobanks in the list above? Especially Epifi or Fold Money?
Are there any that you recommend based on your experience?

@goldi also thanks for sharing these.

From the list, personally I have enjoyed the experience with NiYo Global Card for International Travel.

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PayTM bank. The interest rates and flexible fixed deposits are pretty attractive.

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recently saw news about 2 more upcoming neo banks:
Freo Save and mool.one, probably most of you have already checked them out.

Freo Save is from MoneyTap partnered with Equitas and mool.one is rumoured to be with SBM.

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Hey,:wave:

That’s cool new NEO-BANK Bank intersting.

I know about Freo Save this is about to Launch on 30th Sept Let’s see what happens.

& I’m already existing customer of Equitas hank😅.

I know I need to wait more for Freo Save😅.

I appreciate you guyz keep updating about NEW Neo Banks :slightly_smiling_face:

PS : Just now I called the Founder And CEO Of Mool.one Mr.Abhinav about his partner bank he told that his partner bank is SBM Bank :slightly_smiling_face:

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I’m an existing customer of SBM but not Equitas.

P.S. - You got personal contacts of founders ??
:roll_eyes::roll_eyes::roll_eyes:

Yes I got his number from The website of Mool.one

I told him about many of NEO-BANK is already using SBM as their banking partner so I’m the existing customer of SBM He said you can open your account once they launched the App.

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Thanks for the information. Just checked out both. I like mool’s philosophy.

This is for those people who not know about Freo Save

Hey,
I quite didn’t understand their secured credit card concept.
Can you share your thought about it?

Did he commit any date when they are going live?